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The Tune Up | Ep. 09 — The Pricing Dilemma: What to Pay and What to Charge

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Content provided by Shopmonkey. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shopmonkey or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of The Tune Up Podcast, the crew discusses various pay structures for automotive shops. What are the pros and cons of staff pay structures such as hourly, flat rate, salaried, hourly with bonus incentives, etc. and how do these impact a shop’s bottom line and ability to retain top talent? On the customer side of things, how do labor rates play into how a car owner perceives a shop? How can service advisors or shop owners communicate value to customers so that they understand a higher labor rate than other shops in the area? And practically, what are the easiest moves a shop owner can make to justify increasing labor rates? Tune in to hear the crew’s thoughts.

  continue reading

14 episodes

Artwork
iconShare
 
Manage episode 399978341 series 3470539
Content provided by Shopmonkey. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shopmonkey or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of The Tune Up Podcast, the crew discusses various pay structures for automotive shops. What are the pros and cons of staff pay structures such as hourly, flat rate, salaried, hourly with bonus incentives, etc. and how do these impact a shop’s bottom line and ability to retain top talent? On the customer side of things, how do labor rates play into how a car owner perceives a shop? How can service advisors or shop owners communicate value to customers so that they understand a higher labor rate than other shops in the area? And practically, what are the easiest moves a shop owner can make to justify increasing labor rates? Tune in to hear the crew’s thoughts.

  continue reading

14 episodes

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